Summary
Emerson Electric Co. (EMR) filed an 8-K on May 7, 2013, to report its second quarter 2013 financial results, which were released via a press release on the same day. The filing primarily serves to furnish the press release, which contains key financial and operational data for the quarter. Investors should refer to the furnished press release for the detailed results, as this 8-K itself does not contain the financial statements but rather directs to the accompanying exhibit. The press release discusses the company's performance, including revenue, earnings, and importantly, "orders" growth, which is defined as the trailing three-month average orders growth versus the prior year, excluding acquisitions and divestitures. The company also highlights the use of non-GAAP financial measures, emphasizing that these are supplemental and should not replace GAAP figures. Investors should carefully review these non-GAAP adjustments when evaluating the company's performance, understanding that they may differ from how other companies report similar metrics.
Key Highlights
- 1Emerson Electric Co. (EMR) announced its second quarter 2013 financial results on May 7, 2013, via a press release furnished with this 8-K filing.
- 2The filing directs investors to Exhibit 99.1, which is the press release containing the detailed quarterly results.
- 3The company provided information on its "orders" growth, defined as a specific trailing three-month average excluding M&A activity.
- 4Emerson utilized non-GAAP financial measures in its reporting, presented as supplemental information.
- 5Investors are cautioned that these non-GAAP measures may not be comparable to those of other companies.
- 6The 8-K itself does not contain the full financial statements but references the accompanying press release for detailed financial condition and results of operations.